Minnesota House tax chairman to propose property tax changes

Taxes committee chair Greg Davids says it will address Market Value Credit issues and "much more"

November 11, 2011 at 11:12PM

In an opening shot to may become a major issue in the next legislative session, House Taxes Chair Greg Davids Monday will propose a "property tax relief package for the 2012 legislative session."

Davids, R-Preston, said that it will address the Market Value Homestead Credit issues that have roiled local governments since the end of the last session but other issues as well.

"It will have something to do with that but it is much more than just that," Davids said.

The budget deal that helped end the state's summer government shutdown eliminated the Market Value Homestead Credit program, saving the state millions but costing local governments.

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